Residential mortgage industry analysts and executives continue to see choppy waters ahead. The banking crisis is still unfolding, impacting the mortgage-backed securities (MBS) space, reducing jumbo loan offerings, and putting pressure on commercial real estate companies.
Even if the U.S. debt limit impasse is solved, the U.S. can face a downgrade to its long-term debt, with consequences for the overall economy. In addition, the mortgage industry still has overcapacity, which means the landscape remains challenging for originators.
Executives discussed these and other topics on Monday during the Mortgage Bankers Association (MBA) Secondary and Capital Markets Conference & Expo 2023 in details ⇒
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